EMPLOYER PENSION REPORT PAROCHIAL EMPLOYEES RETIREMENT SYSTEM OF LOUISIANA BATON ROUGE, LOUISIANA DECEMBER 31, 2016

Transcription

1 EMPLOYER PENSION REPORT PAROCHIAL EMPLOYEES RETIREMENT SYSTEM OF LOUISIANA BATON ROUGE, LOUISIANA DECEMBER 31, 2016

2 PAROCHIAL EMPLOYEES RETIREMENT SYSTEM OF LOUISIANA TABLE OF CONTENTS DECEMBER 31, 2016 PAGE INDEPENDENT AUDITOR'S REPORT EMPLOYER PENSION SCHEDULES: Schedule of Employer Allocations (Plan A) Schedule of Employer Allocations (Plan B) Schedule of Pension Amounts by Employer (Plan A) Schedule of Pension Amounts by Employer (Plan B) Notes to Schedules SUPPLEMENTARY INFORMATION: Schedule of Employers Proportionate Share of Contributions and Non-Employer Contributions (Plan A) Schedule of Employers Proportionate Share of Contributions and Non-Employer Contributions (Plan B) Schedule of Net Pension Liability Sensitivity to Change in Discount Rate (Plan A) Schedule of Net Pension Liability Sensitivity to Change in Discount Rate (Plan B) Schedule of Amortization (Plan A) Schedule of Amortization (Plan B) REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF EMPLOYER PENSION SCHEDULES PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS SUMMARY SCHEDULE OF FINDINGS... 55

3 INDEPENDENT AUDITOR'S REPORT Board of Trustees Parochial Employees Retirement System of Louisiana Baton Rouge, Louisiana September 8, 2017 We have audited the accompanying schedule of employer allocations of the Parochial Employees Retirement System of Louisiana as of and for the year ended December 31, 2016, and the related notes. We have also audited the totals for all entities of the column titled net pension liability, total deferred outflows of resources, total deferred inflows of resources, and total pension expense, included in the accompanying schedule of pension amounts by employer of the Parochial Employees Retirement System of Louisiana, as of and for the year ended December 31, 2016, and the related notes to the schedules. Management s Responsibility for the Schedules Management is responsible for the preparation and fair presentation of the schedules in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the employer pension schedules that are free from material misstatement, whether due to fraud or error. Auditor s Responsibility Our responsibility is to express an opinion on the schedule of employer allocations and the specified column totals included in the schedule of pension amounts by employer based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the schedule of employer allocations and specified column totals included in the schedule of pension amounts by employer are free from material misstatement.

4 An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the schedule of employer allocations and specified column totals included in the schedule of pension amounts by employer. The procedures selected depend on the auditor s judgment, including the assessment of the risks of material misstatement of the schedule of employer allocations and specified column totals included in the schedule of pension amounts by employer, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity s preparation and fair presentation of the schedule of employer allocations and specified column totals included in the schedule of pension amounts by employer in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the schedule of employer allocations and specified column totals included in the schedule of pension amounts by employer. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the schedules referred to above present fairly, in all material respects, the employer allocations and net pension liability, total deferred outflows of resources, total deferred inflows of resources, and total pension expense for the totals of all participating entities for the Parochial Employees Retirement System of Louisiana as of and for the year ended December 31, 2016, in accordance with accounting principles generally accepted in the United States of America. Emphasis of Matter As disclosed in Note 6 to the employer schedules, the total pension liability for the Parochial Employees Retirement System of Louisiana for Plan A and Plan B was $3,519,868,332 and $288,746,752 respectively, at December 31, The actuarial valuations were based on various assumptions made by the System s actuary. Because actual experience may differ from the assumptions used in the actuarial valuation, there is a risk that the total pension liability at December 31, 2016, could be understated or overstated. As disclosed in Note 9 to the employer pension schedules, the deferred inflow or deferred outflow of resources resulting from differences in contributions remitted to the System and the employer s proportionate share and its resulting amortization is not reported in the employer pension schedules. Other Matters We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the Parochial Employees Retirement System of Louisiana as of and for the year ended December 31, 2016, and our report thereon, dated June 19, 2017, expressed an unmodified opinion on those financial statements. 2

5 Other Information Our audit was conducted for the purpose of forming an opinion on the employer allocations and employer pension schedules of the Parochial Employees Retirement System of Louisiana. The supplementary information listed in the table of contents is presented for purposes of additional analysis and is not part of the employer schedules. The supplementary information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the employer pension schedules. The information has been subjected to the auditing procedures applied in the audit of the employer pension schedules and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the employer pension schedules or to the employer pension schedules themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated September 8, 2017, on our consideration of the Parochial Employees Retirement System of Louisiana s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the Parochial Employees Retirement System of Louisiana s internal control over financial reporting and compliance. Restriction on Use Our report is intended solely for the information and use of the Parochial Employees Retirement System of Louisiana s management, the Board of Trustees, Parochial Employees Retirement System of Louisiana s participating employers, and their auditors, and is not intended to be, and should not be, used by anyone other than these specified parties. Duplantier, Hrapmann, Hogan & Maher, LLP New Orleans, Louisiana 3

6 SCHEDULE OF EMPLOYER ALLOCATIONS (PLAN A) DECEMBER 31, 2016 Employer Employer Allocation Employer Contributions Percentage 15th Judicial District Court $ 240, % 16th Judicial District Attorney 328, th Judicial District Attorney 51, Acadia Parish Communications District 7, Acadia Parish Library 72, Acadia Parish Police Jury 370, Acadiana Crime Lab 180, Acadiana Works, Inc. 90, Allen Parish 33rd Judicial Indigent Defender Board 9, Allen Parish Ambulance Service 130, Allen Parish District Attorney 48, Allen Parish Library 35, Allen Parish Police Jury 143, Assumption Parish Police Jury 280, Avoyelles Parish 12th Judicial District Indigent Defender 17, Beauregard Parish Communications District 19, Beauregard Parish District Attorney 15, Beauregard Parish Library 63, Beauregard Parish Police Jury 307, Bienville Parish Library 46, Bienville Parish Police Jury 182, Bossier Parish Communications District 102, Bossier Parish EMS 236, Bossier Parish Police Jury 1,242, Caddo Parish Commission 1,794, Caddo Parish Coroner 78, Caddo Parish District Attorney 340, Caddo/Bossier Port Commission 195, Calcasieu Parish Gravity Drainage District #4 100, Calcasieu Parish Gravity Drainage District #5 135, Calcasieu Parish Police Jury 4,505, Calcasieu Parish School Board - - Calcasieu Parish Waterworks District #7 30, Calcasieu Regional Airport 80, Calcasieu-Sulphur Parks & Recreation 188, Caldwell Parish District Attorney 13, Caldwell Parish Library 14, Caldwell Parish Police Jury 99, Cameron Parish Ambulance District #2 142, Cameron Parish District Attorney 2, Cameron Parish Police Jury 590, Catahoula E911 Communications District 3, Catahoula Parish Police Jury 78, City of Morgan City 33, Claiborne Parish Police Jury 164, Concordia Parish 7th District Attorney 57, (Continued) 4

7 SCHEDULE OF EMPLOYER ALLOCATIONS (PLAN A) DECEMBER 31, 2016 Employer Employer Allocation Employer Contributions Percentage Concordia Parish Indigent Defender Board $ 14, % Concordia Parish Library 37, Concordia Parish Police Jury 115, Concordia Parish Sewer District #1 4, Desoto Parish EMS 242, Desoto Parish School Board 2, Desoto Parish Waterworks 53, East Carroll Parish Police Jury 160, East Feliciana Communications District 30, East Feliciana Parish Police Jury 122, Evangeline Parish District Attorney 45, Evangeline Parish Police Jury 260, Evangeline Parish School Board - - Evangeline Parish Solid Waste 71, Franklin Parish Communications District 12, Franklin Parish Library 28, Franklin Parish Police Jury 155, Grant Parish Police Jury 166, Greater New Orleans Expressway 683, Iberia Medical Center 3,302, Iberia Parish 16th Judicial District Judge 145, Iberia Parish Government 886, Iberia Parish School Board 1, Iberville Parish District Attorney 61, Iberville Parish Parks & Recreation 60, Iberville Parish Police Jury 912, Iberville Parish School Board 1, Jackson Parish District Attorney 61, Jackson Parish Police Jury 227, Jackson Parish Recreation Department 28, Jackson Parish Sales Tax 7, Jefferson Davis District Attorney 56, Jefferson Davis Parish 31st Judicial Court - - Jefferson Davis Parish Indigent Defender Board 4, Jefferson Davis Parish Landfill 23, Jefferson Davis Parish Library 47, Jefferson Davis Parish Mosquito Abatement 60, Jefferson Davis Parish Police Jury 156, Jefferson Davis Parish Tourist Commission 19, Jefferson Parish Government 15,779, Jefferson Parish 24th Indigent Defender Board 17, Jefferson Parish Housing Authority 48, Jefferson Parish Retirement System 20, Kolin Ruby Wise Water District (Rapides) 36, Lafayette 15th Judicial District Attorney 27, Lafayette Airport Commission 147, Lafayette Consolidated Government 4,649, Lafayette Convention & Visitors Commission 107, (Continued) 5

8 SCHEDULE OF EMPLOYER ALLOCATIONS (PLAN A) DECEMBER 31, 2016 Employer Employer Allocation Employer Contributions Percentage Lafayette Economic Development Authority $ 177, % Lafourche Parish School Board 1, Lafourche Parish Water District #1 427, Lasalle Parish Police Jury 134, Lincoln Parish 3rd Judicial District Attorney 74, Lincoln Parish Detention Center - - Lincoln Parish Police Jury 431, Livingston Parish Mosquito Abatement - - Livingston Parish Recreation District #3 115, Madison Parish Police Jury 235, Monroe/West Monroe Visitors' Bureau 67, Morehouse Parish Library 17, Morehouse Parish Police Jury 136, Natchitoches 10th Judicial Court 13, Natchitoches Parish 513, Natchitoches Parish District Attorney 18, Natchitoches Parish Tax Commission 35, Natchitoches Port Commission 24, North Louisiana Crime Lab 234, Ouachita Parish Police Jury 1,675, Plaquemines 25th Judicial District Public Defender 20, Plaquemines Medical Center 189, Plaquemines Parish District Attorney of the 25th District 6, Plaquemines Parish Government 2,530, Plaquemines Port, Harbor & Terminal District 256, Pointe Coupee Hospital 1,052, Pointe Coupee Parish Library 50, Pointe Coupee Parish Police Jury 254, Pointe Coupee Parish School Board 1, Police Jury Association (Ex Board) Police Jury Association (Office) 63, Port of Iberia 27, Rapides Parish Indigent Defender Board 31, Rapides Parish Library 264, Rapides Parish Police Jury 1,052, Red River Parish Police Jury 191, Red River Parish School Board 1, Red River Waterway Commission 201, Richland Parish Communication District 9, Richland Parish District Judge 26, Richland Parish Police Jury 272, Richland Parish School Board - - Richland Parish Tax Commission 15, Ruston/Lincoln Convention Bureau - - Sabine Parish District Attorney 44, (Continued) 6

9 SCHEDULE OF EMPLOYER ALLOCATIONS (PLAN A) DECEMBER 31, 2016 Employer Employer Allocation Employer Contributions Percentage Sabine Parish Library $ 23, % Sabine Parish Police Jury 185, Sabine Parish School Board 1, South Toledo Bend Water District 28, St. Bernard Parish Government 1,509, St. Bernard Parish Library 21, St. Bernard Parish School Board 2, St. Charles Parish 29th Judicial District Attorney 231, St. Charles Parish Council 3,146, St. Charles Parish School Board 1, St. Helena Parish Police Jury 167, St. Helena Parish School Board - - St. James Parish Government 1,010, St. James Parish School Board 1, St. John Parish Council 1,366, St. John the Baptist Parish 40th Judicial District Attorney 99, St. John the Baptist Parish Library 133, St. Landry Parish Community Action Agency - - St. Landry Parish E911 Communications District 64, St. Landry Parish Government 486, St. Landry Parish Sheriff 1, St. Martin Parish Government 436, St. Martin Parish Library 73, St. Martin Parish School Board 1, St. Martin Parish Water & Sewer 11, St. Mary Parish Consolidated Gravity Drainage District #1 46, St. Mary Parish E911 Communications District 45, St. Mary Parish Government 790, St. Mary Parish Library 134, St. Mary Parish Sales & Use Tax Department 57, St. Mary Parish School Board St. Mary Parish Sewer District #5 21, St. Mary Parish Sewer District #8 11, St. Mary Parish Sewer District Wards 5 & 8 9, St. Tammany Parish 22nd District Attorney 119, St. Tammany Parish Communications District 42, St. Tammany Parish Coroner 255, St. Tammany Parish Fire District #1 4, St. Tammany Parish Fire District #4 13, St. Tammany Parish Government 3,249, St. Tammany Parish Library 493, St. Tammany Parish Mosquito Abatement District #2 199, St. Tammany Parish Recreation District #1 188, St. Tammany Parish Recreation District #11 11, St. Tammany Parish School Board - - (Continued) 7

10 SCHEDULE OF EMPLOYER ALLOCATIONS (PLAN A) DECEMBER 31, 2016 Employer Employer Allocation Employer Contributions Percentage Tangipahoa Parish 21st Judicial District Attorney $ 140, % Tangipahoa Parish 21st Judicial District Indigent Defender 239, Tangipahoa Parish Consolidated Gravity Drainage District 101, Tangipahoa Parish Government 1,389, Tangipahoa Parish Library 125, Tangipahoa Parish Mosquito Abatement District #1 69, Tangipahoa Parish Sewer District #1 40, Tangipahoa Parish Sheriff 25, Tangipahoa Parish Tourist Commission 40, Tangipahoa Parish Water District 93, Teche-Vermilion Fresh Water District 89, Tensas Parish Police Jury 110, Terrebonne Indigent Defender Board 63, Union Parish 3rd Judicial Clerks' Fund 14, Union Parish Police Jury 344, Vermilion Parish 7th Ward Drainage District #2 19, Vermilion Parish Library 70, Vermilion Parish Police Jury 631, Vermilion Parish School Board - - Vermilion Parish Tourist Commission 5, Vermilion Parish Waterworks District #1 54, Washington Parish Police Jury 413, Webster Parish Police Jury 409, West Baton Rouge Natural Gas & Water 208, West Baton Rouge Parish 18th Judicial Court 31, West Baton Rouge Parish Council 770, West Baton Rouge Parish Library 82, West Baton Rouge Parish School Board 1, West Calcasieu Cameron Hospital 3,556, West Carroll Parish Library 10, West Carroll Parish Police Jury 138, West Feliciana Parish Tourist Commission 4, West Ouachita Parish Sewer District #5 52, Winn Parish District Attorney 30, Winn Parish Police Jury 114, Winn Parish School Board Workforce Investment Board 15, Total $ 77,097, % See accompanying notes. 8

11 SCHEDULE OF EMPLOYER ALLOCATIONS (PLAN B) DECEMBER 31, 2016 Employer Employer Allocation Employer Contributions Percentage 34th Judicial District Indigent Defender $ 7, % Abbeville Harbor & Terminal District 13, Acadia Soil & Water District 7, Ascension Parish Government 1,486, Ascension Parish Library 198, Assumption Waterworks #1 75, Audubon Regional Library 17, Avoyelles Coroner's Office 4, Avoyelles District Attorney's Office 41, Avoyelles Parish Police Jury 97, Bayou Lafourche Fresh Water District 43, Berwick Bayou Vista Waterworks 17, Calcasieu Soil & Water District 4, Cameron Mosquito Abatement District #1 31, City Court of Denham Springs 23, City Court of Hammond 63, City of Bossier 19, Crescent Soil & Water District 2, Denham Springs Ward Two Marshall 15, Desoto 42nd District Attorney 17, Desoto Communications District 31, Desoto Parish Library 71, Desoto Parish Police Jury 358, Evangeline Soil & Water District 3, Gulf Coast Soil & Water District 7, Iberia Soil & Water District 2, Jefferson Davis Soil & Water District 7, Lafourche 17th Indigent Defender Board 34, Lafourche/Terrebonne Soil & Water District 3, Livingston Parish Council 462, Livingston Parish Library 144, Livingston Parish Sheriff 17, Louisiana School Board Association 32, Madison Parish Soil & Water District 2, North Caddo Medical Center 739, Northeast Soil and Water District 3, St. James Parish Hospital 670, St. Landry Soil & Water District 2, St. Mary Soil & Water District 2, St. Mary Water & Sewer District #4 47, St. Mary Waterworks District # 5 26, Tangipahoa Soil & Water District 2, Terrebonne Consolidated Government 2,267, Terrebonne Consolidated Waterworks 292, Terrebonne Recreation District #10 4, Terrebonne Sales & Use 28, (Continued) 9

12 SCHEDULE OF EMPLOYER ALLOCATIONS (PLAN B) DECEMBER 31, 2016 Employer Employer Allocation Employer Contributions Percentage Vermilion Soil and Water District $ 4, % Vernon Parish 30th Judicial District Attorney 20, Vernon Parish Police Jury 300, West Carroll Soil & Water District 3, West Feliciana Police Jury 184, Total $ 7,969, % See accompanying notes. 10

13 SCHEDULE OF PENSION AMOUNTS BY EMPLOYER (PLAN A) AS OF THE YEAR ENDED DECEMBER 31, 2016 Outflows of Resources Inflows of Resources Pension Expense (Benefit) Employer Net Pension Liability Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Outflows of Resources Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Inflows of Resources Proportionate Share of Plan Pension Expense Net Amortization of Amounts from Changes in Proportion Total Employer Pension Expense (Benefit) 15th Judicial District Court $ 642,653 $ - $ 498,722 $ 122,011 $ 1,402 $ 622,135 $ 112,458 $ - $ - $ 657 $ 113,115 $ 381,728 $ 704 $ 382,432 16th Judicial District Attorney 877, , ,672 2, , , , , , ,018 5th Judicial District Attorney 136, ,955 25,922 2, ,297 23, ,892 81,099 1,361 82,460 Acadia Parish Communications District 19,794-15,361 3, ,191 3, ,761 7,225 11,757 (1,220) 10,537 Acadia Parish Library 194, ,291 37,013 3, ,841 34, , ,800 1, ,982 Acadia Parish Police Jury 988, , , , , , , ,131 (875) 586,256 Acadiana Crime Lab 481, ,505 91,377 1, ,598 84, , , ,146 Acadiana Works, Inc. 242, ,439 46,101 1, ,987 42, ,834 45, ,234 (504) 143,730 Allen Parish 33rd Judicial Indigent Defender Board 26,045-20,212 4, ,154 4, ,587 15, ,947 Allen Parish Ambulance Service 349, ,908 66, ,286 61, , ,356 (245) 207,111 Allen Parish District Attorney 129, ,363 24, ,004 22, ,937 76,819 (195) 76,624 Allen Parish Library 96,159-74,623 18,256 1,227 94,106 16, ,114 57, ,667 Allen Parish Police Jury 383, ,895 72, ,271 67, , ,012 (86) 227,926 Assumption Parish Police Jury 749, , , , , , , ,940 (549) 444,391 Avoyelles Parish 12th Judicial District Indigent Defender 47,785-37,083 9, ,182 8, ,407 28,384 (10) 28,374 Beauregard Parish Communications District 50,862-39,471 9, ,179 8, ,126 30,211 (72) 30,139 Beauregard Parish District Attorney 42,725-33,156 8, ,276 7, ,537 25,378 (19) 25,359 Beauregard Parish Library 169, ,235 32, ,391 29, , ,448 (225) 100,223 Beauregard Parish Police Jury 821, , , , , , , ,973 (783) 487,190 Bienville Parish Library 123,019-95,467 23, ,823 21, ,083 22,610 73,072 (588) 72,484 Bienville Parish Police Jury 487, ,337 92, ,150 85, , ,583 (48) 289,535 Bossier Parish Communications District 274, ,962 52, ,289 48, , , ,083 Bossier Parish EMS 630, , , , , , ,597 (179) 374,418 Bossier Parish Police Jury 3,319,468-2,576, ,220-3,206, , , ,459 1,971,722 (6,954) 1,964,768 Caddo Parish Commission 4,794,491-3,720, ,261-4,630, , , ,749 2,847,868 (10,465) 2,837,403 Caddo Parish Coroner 210, ,339 39, ,820 36, , , ,360 Caddo Parish District Attorney 909, , ,595 1, , , , , ,019 Caddo/Bossier Port Commission 523, ,098 99,351 1, ,576 91, , , ,163 Calcasieu Parish Gravity Drainage District #4 269, ,867 51,099 5, ,540 47, , ,869 2, ,349 Calcasieu Parish Gravity Drainage District #5 361, ,843 68, ,551 63, ,203 65, ,960 (997) 213,963 Calcasieu Parish Police Jury 12,035,527-9,340,016 2,285,012 7,045 11,632,073 2,106, ,727 2,114,832 7,148,953 1,016 7,149,969 Calcasieu Parish School Board Calcasieu Parish Waterworks District #7 80,426-62,414 15, ,747 14, ,267 47,772 (134) 47,638 Calcasieu Regional Airport 215, ,275 40, ,484 37, , , ,146 Calcasieu-Sulphur Parks & Recreation 504, ,658 95, ,476 88, ,648 89, ,780 (819) 298,961 Caldwell Parish District Attorney 36,225-28,112 6, ,400 6, ,356 21, ,703 Caldwell Parish Library 37,407-29,029 7, ,134 6, ,000 11,546 22,219 (2,246) 19,973 Caldwell Parish Police Jury 266, ,847 50, ,251 46, , , ,729 Cameron Parish Ambulance District #2 381, ,795 72, ,980 66, , , ,611 Cameron Parish District Attorney 6,980-5,416 1, ,882 1, ,221 4, ,193 Cameron Parish Police Jury 1,578,670-1,225, , ,525, , , , ,711 (1,820) 935,891 (Continued) 11

14 SCHEDULE OF PENSION AMOUNTS BY EMPLOYER (PLAN A) AS OF THE YEAR ENDED DECEMBER 31, 2016 Outflows of Resources Inflows of Resources Pension Expense (Benefit) Employer Net Pension Liability Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Outflows of Resources Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Inflows of Resources Proportionate Share of Plan Pension Expense Net Amortization of Amounts from Changes in Proportion Total Employer Pension Expense (Benefit) Catahoula E911 Communications District $ 10,001 $ - $ 7,761 $ 1,899 $ 6 $ 9,666 $ 1,750 $ - $ - $ 10 $ 1,760 $ 5,940 $ (3) $ 5,937 Catahoula Parish Police Jury 210, ,395 39,974 1, ,010 36, , , ,672 City of Morgan City 89,105-69,149 16, ,088 15, ,600 52, ,936 Claiborne Parish Police Jury 439, ,786 83, ,825 76, , , ,247 Concordia Parish 7th District Attorney 153, ,866 29, ,946 26, ,575 28,378 90,981 (663) 90,318 Concordia Parish Indigent Defender Board 39,588-30,722 7, ,277 6, ,956 23, ,535 Concordia Parish Library 100,706-78,152 19, ,406 17, ,006 18,629 59,818 (448) 59,370 Concordia Parish Police Jury 308, ,048 58, ,531 53, ,513 55, ,970 (845) 182,125 Concordia Parish Sewer District #1 12,551-9,740 2, ,166 2, ,306 7,455 (14) 7,441 Desoto Parish EMS 647, , ,988 1, , , , , ,783 (971) 383,812 Desoto Parish School Board 6,667-5,174 1,266-6,440 1, ,181 3,960 (9) 3,951 Desoto Parish Waterworks 142, ,833 27, ,948 24, ,643 84,833 (317) 84,516 East Carroll Parish Police Jury 428, ,160 81,262 1, ,436 74, , , ,912 East Feliciana Communications District 80,852-62,744 15,350-78,094 14, ,897 17,045 48,025 (1,383) 46,642 East Feliciana Parish Police Jury 326, ,282 61,965 3, ,468 57, , ,865 1, ,351 Evangeline Parish District Attorney 122,218-94,845 23,204 2, ,519 21, ,387 72, ,419 Evangeline Parish Police Jury 697, , , , , , , ,042 (2,973) 411,069 Evangeline Parish School Board Evangeline Parish Solid Waste 189, ,204 36, ,877 33, , ,672 (275) 112,397 Franklin Parish Communications District 33,910-26,315 6, ,775 5, ,939 20, ,146 Franklin Parish Library 76,048-59,016 14, ,594 13, ,420 45, ,189 Franklin Parish Police Jury 415, ,139 78, ,041 72, ,116 74, ,569 (1,293) 245,276 Grant Parish Police Jury 445, ,906 84, ,068 77, , , ,951 Greater New Orleans Expressway 1,826,844-1,417, ,837 8,376 1,772, , ,744 1,085,122 3,666 1,088,788 Iberia Medical Center 8,821,595-6,845,885 1,674,829 44,579 8,565,293 1,543, ,543,697 5,239,918 19,983 5,259,901 Iberia Parish 16th Judicial District Judge 389, ,068 73, ,080 68, , ,206 (96) 231,110 Iberia Parish Government 2,368,593-1,838, , ,287, , , ,917 1,406,914 (1,170) 1,405,744 Iberia Parish School Board 3,334-2, , ,981 (24) 1,957 Iberville Parish District Attorney 164, ,813 31, ,858 28, ,776 97,829 (11) 97,818 Iberville Parish Parks & Recreation 160, ,404 30, ,846 28, ,951 95,220 (369) 94,851 Iberville Parish Police Jury 2,438,282-1,892, ,922 2,573 2,357, , , ,062 1,448,309 (4,964) 1,443,345 Iberville Parish School Board 3,334-2, , , ,120 Jackson Parish District Attorney 165, ,458 31, ,885 28, ,072 30,038 98,324 (645) 97,679 Jackson Parish Police Jury 608, , , , , , , ,802 Jackson Parish Recreation Department 77,394-60,061 14, ,856 13, ,218 45,971 (242) 45,729 Jackson Parish Sales Tax 20,272-15,732 3, ,790 3, ,659 12, ,108 Jefferson Davis District Attorney 152, ,145 28, ,391 26, ,695 90, ,683 Jefferson Davis Parish 31st Judicial Court (67) (67) Jefferson Davis Parish Indigent Defender Board 12,886-10,000 2, ,956 2, ,387 7, ,849 Jefferson Davis Parish Landfill 63,903-49,591 12, ,804 11, ,244 37, ,001 Jefferson Davis Parish Library 126,065-97,831 23,934 1, ,884 22, ,091 74, ,501 Jefferson Davis Parish Mosquito Abatement 160, ,555 30, ,027 28, ,500 95,336 (238) 95,098 (Continued) 12

15 SCHEDULE OF PENSION AMOUNTS BY EMPLOYER (PLAN A) AS OF THE YEAR ENDED DECEMBER 31, 2016 Outflows of Resources Inflows of Resources Pension Expense (Benefit) Employer Net Pension Liability Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Outflows of Resources Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Inflows of Resources Proportionate Share of Plan Pension Expense Net Amortization of Amounts from Changes in Proportion Total Employer Pension Expense (Benefit) Jefferson Davis Parish Police Jury $ 417,105 $ - $ 323,689 $ 79,190 $ 28 $ 402,907 $ 72,989 $ - $ - $ 1,186 $ 74,175 $ 247,755 $ (587) $ 247,168 Jefferson Davis Parish Tourist Commission 52,095-40,428 9, ,130 9, ,116 30, ,346 Jefferson Parish Government 42,152,887-32,712,195 8,002,962 81,878 40,797,035 7,376, ,376,360 25,038,280 37,065 25,075,345 Jefferson Parish 24th Indigent Defender Board 46,524-36,105 8, ,086 8, ,313 27, ,684 Jefferson Parish Housing Authority 130, ,239 24, ,482 22, ,051 77,489 (37) 77,452 Jefferson Parish Retirement System 55,063-42,731 10,454 9,926 63,111 9, ,672 32,707 9,885 42,592 Kolin Ruby Wise Water District (Rapides) 97,728-75,841 18, ,619 17, ,656 58,049 (132) 57,917 Lafayette 15th Judicial District Attorney 72,476 56,244 13,760 1,465 71,469 12, ,683 43, ,538 Lafayette Airport Commission 393, ,162 74, ,819 68, ,065 70, ,574 (1,182) 232,392 Lafayette Consolidated Government 12,419,948-9,638,341 2,357,997-11,996,338 2,173, ,105 2,199,480 7,377,294 (12,946) 7,364,348 Lafayette Convention & Visitors Commission 286, ,457 54, ,890 50, , ,271 (301) 169,970 Lafayette Economic Development Authority 474, ,461 90, ,326 83, ,140 84, ,024 (158) 281,866 Lafourche Parish School Board 3,334-2, , ,981 (1) 1,980 Lafourche Parish Water District #1 1,141, , ,672 1,506 1,103, , , , ,444 Lasalle Parish Police Jury 358, ,397 68, ,407 62, , , ,169 Lincoln Parish 3rd Judicial District Attorney 199, ,481 37, ,274 34, , ,242 (429) 117,813 Lincoln Parish Detention Center (33) (33) Lincoln Parish Police Jury 1,152, , ,881 3,478 1,117, , , ,797 1, ,115 Livingston Parish Mosquito Abatement (334) (334) Livingston Parish Recreation District #3 308, ,318 58, ,924 53, , ,177 (498) 182,679 Madison Parish Police Jury 629, , , , , , , ,951 (500) 373,451 Monroe/West Monroe Visitors' Bureau 179, ,039 34, ,118 31, , ,422 (322) 106,100 Morehouse Parish Library 45,418-35,246 8,623-43,869 7, ,327 26,978 (150) 26,828 Morehouse Parish Police Jury 364, ,615 69, ,013 63, , ,317 (340) 215,977 Natchitoches 10th Judicial Court 34,853-27,047 6, ,292 6, ,187 20, ,987 Natchitoches Parish 1,372,167-1,064, ,514 3,721 1,329, , , ,050 1, ,007 Natchitoches Parish District Attorney 49,702-38,571 9, ,194 8, ,818 29, ,547 Natchitoches Parish Tax Commission 93,673-72,694 17, ,762 16, ,392 55, ,764 Natchitoches Port Commission 64,179-49,805 12, ,007 11, ,245 38, ,126 North Louisiana Crime Lab 625, , , , , , , ,550 (285) 371,265 Ouachita Parish Police Jury 4,475,816-3,473, ,759 5,415 4,328, , , ,263 2,658,579 1,332 2,659,911 Plaquemines 25th Judicial District Public Defender 53,970-41,882 10, ,166 9, ,733 32,057 (77) 31,980 Plaquemines Medical Center 506, ,090 96,169 1, ,971 88, ,589 93, ,876 (1,631) 299,245 Plaquemines Parish District Attorney of the 25th District 18,004-13,972 3, ,707 3, ,251 10, ,819 Plaquemines Parish Government 6,760,272-5,246,222 1,283,476 9,664 6,539,362 1,182, ,255 1,201,239 4,015,517 (2,304) 4,013,213 Plaquemines Port, Harbor & Terminal District 686, , , , , , , ,643 (1,336) 406,307 Pointe Coupee Hospital 2,812,805-2,182, ,027 2,229 2,719, , , ,980 1,670, ,671,232 Pointe Coupee Parish Library 135, ,352 25, ,684 23, ,878 80, ,770 Pointe Coupee Parish Police Jury 680, , , , , , , ,433 (796) 403,637 Pointe Coupee Parish School Board 3,334-2, , ,981-1,981 Police Jury Association (Ex Board) (Continued) 13

16 SCHEDULE OF PENSION AMOUNTS BY EMPLOYER (PLAN A) AS OF THE YEAR ENDED DECEMBER 31, 2016 Outflows of Resources Inflows of Resources Pension Expense (Benefit) Employer Net Pension Liability Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Outflows of Resources Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Inflows of Resources Proportionate Share of Plan Pension Expense Net Amortization of Amounts from Changes in Proportion Total Employer Pension Expense (Benefit) Police Jury Association (Office) $ 168,670 $ - $ 130,894 $ 32,023 $ - $ 162,917 $ 29,516 $ - $ - $ 685 $ 30,201 $ 100,188 $ (311) $ 99,877 Port of Iberia 74,528-57,836 14, ,017 13, ,061 44, ,282 Rapides Parish Indigent Defender Board 83,797-65,030 15, ,717 14, ,186 49, ,139 Rapides Parish Library 706, , , , , , ,842 (331) 419,511 Rapides Parish Police Jury 2,810,811-2,181, ,648-2,714, , , ,443 1,669,587 (1,249) 1,668,338 Red River Parish Police Jury 512, ,757 97, ,067 89, , ,448 (260) 304,188 Red River Parish School Board 3,334-2, , ,981 (27) 1,954 Red River Waterway Commission 537, , , ,940 93, ,159 96, ,046 (871) 318,175 Richland Parish Communication District 25,320-19,649 4, ,496 4, ,524 15,040 (49) 14,991 Richland Parish District Judge 71,599-55,563 13,593-69,156 12, ,658 42,529 (73) 42,456 Richland Parish Police Jury 726, , , , , , , ,793 (1,028) 430,765 Richland Parish School Board Richland Parish Tax Commission 42,372-32,883 8, ,959 7, ,434 25, ,192 Ruston/Lincoln Convention Bureau (254) (254) Sabine Parish District Attorney 119,052-92,389 22, ,548 20, ,833 70, ,987 Sabine Parish Library 63,711-49,442 12,096-61,538 11, ,835 37,844 (416) 37,428 Sabine Parish Police Jury 494, ,924 93, ,850 86, ,125 88, ,860 (1,076) 292,784 Sabine Parish School Board 2,708-2, , , ,652 South Toledo Bend Water District 76,439-59,319 14, ,166 13, ,652 45,404 (111) 45,293 St. Bernard Parish Government 4,031,530-3,128, ,409-3,894, , , ,282 2,394,679 (2,909) 2,391,770 St. Bernard Parish Library 57,570-44,676 10,930-55,606 10, ,117 34,196 (25) 34,171 St. Bernard Parish School Board 6,667-5,174 1, ,444 1, ,176 3,960 (7) 3,953 St. Charles Parish 29th Judicial District Attorney 618, , , , , , , ,469 St. Charles Parish Council 8,404,616-6,522,294 1,595,663 1,384 8,119,341 1,470, ,851 1,479,580 4,992,237 (4,799) 4,987,438 St. Charles Parish School Board 3,334-2, , ,981 (1) 1,980 St. Helena Parish Police Jury 447, ,543 85,026 2, ,248 78, , , ,902 St. Helena Parish School Board St. James Parish Government 2,698,314-2,093, ,290-2,606, , , ,697 1,602,765 (2,313) 1,600,452 St. James Parish School Board 3,750-2, , , ,362 St. John Parish Council 3,651,502-2,833, ,258-3,526, , , ,093 2,168,947 (1,973) 2,166,974 St. John the Baptist Parish 40th Judicial District Attorney 265, ,410 50, ,513 46, , , ,285 St. John the Baptist Parish Library 356, ,536 67, ,167 62, , , ,906 St. Landry Parish Community Action Agency (69) (69) St. Landry Parish E911 Communications District 172, ,944 32, ,847 30, , ,522 (129) 102,393 St. Landry Parish Government 1,299,757-1,008, ,766 8,389 1,263, , , , ,039 3, ,901 St. Landry Parish Sheriff 4,376-3, , ,600 (26) 2,574 St. Martin Parish Government 1,167, , , ,127, , , , ,264 (1,235) 692,029 St. Martin Parish Library 197, ,949 37, ,424 34, , ,069 (84) 116,985 St. Martin Parish School Board 3,334-2, , , ,004 St. Martin Parish Water & Sewer 31,655-24,565 6, ,759 5, ,539 18, ,892 (Continued) 14

17 SCHEDULE OF PENSION AMOUNTS BY EMPLOYER (PLAN A) AS OF THE YEAR ENDED DECEMBER 31, 2016 Outflows of Resources Inflows of Resources Pension Expense (Benefit) Employer Net Pension Liability Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Outflows of Resources Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Inflows of Resources Proportionate Share of Plan Pension Expense Net Amortization of Amounts from Changes in Proportion Total Employer Pension Expense (Benefit) St. Mary Parish Consolidated Gravity Drainage District #1 $ 123,303 $ - $ 95,688 $ 23,410 $ - $ 119,098 $ 21,577 $ - $ - $ 584 $ 22,161 $ 73,240 $ (338) $ 72,902 St. Mary Parish E911 Communications District 121,822-94,539 23, ,861 21, ,609 72,361 (91) 72,270 St. Mary Parish Government 2,111,479-1,638, ,876-2,039, , , ,447 1,254,192 (4,048) 1,250,144 St. Mary Parish Library 358, ,564 68, ,714 62, ,728 64, ,216 (847) 212,369 St. Mary Parish Sales & Use Tax Department 152, ,375 28, ,443 26, ,904 90,606 (69) 90,537 St. Mary Parish School Board 2,500-1, , ,485 (1) 1,484 St. Mary Parish Sewer District #5 57,329-44,489 10, ,793 10, ,096 34, ,294 St. Mary Parish Sewer District #8 30,936-24,007 5, ,906 5, ,576 18,376 (53) 18,323 St. Mary Parish Sewer District Wards 5 & 8 24,121-18,719 4, ,603 4, ,240 14, ,444 St. Tammany Parish 22nd District Attorney 318, ,364 60,517 1, ,445 55, , , ,745 St. Tammany Parish Communications District 112,351-87,188 21, ,913 19, ,660 66, ,974 St. Tammany Parish Coroner 682, , ,612 1, , , , , ,507 (437) 405,070 St. Tammany Parish Fire District #1 12,328-9,567 2, ,064 2, ,350 7,323 (44) 7,279 St. Tammany Parish Fire District #4 34,880-27,068 6, ,692 6, ,203 20,718 (42) 20,676 St. Tammany Parish Government 8,681,664-6,737,293 1,648,263 7,064 8,392,620 1,519, ,672 1,542,882 5,156,800 (7,076) 5,149,724 St. Tammany Parish Library 1,318,986-1,023, ,417 1,629 1,275, , , , ,687 St. Tammany Parish Mosquito Abatement District #2 533, , , ,029 93, ,009 96, ,654 (1,221) 315,433 St. Tammany Parish Recreation District #1 502, ,870 95,381 2, ,113 87, , , ,261 St. Tammany Parish Recreation District #11 30,396-23,589 5, ,491 5, ,364 18, ,100 St. Tammany Parish School Board Tangipahoa Parish 21st Judicial District Attorney 375, ,505 71,316 1, ,934 65, , , ,152 Tangipahoa Parish 21st Judicial District Indigent Defender 638, , , , , , , ,456 (2,082) 377,374 Tangipahoa Parish Consolidated Gravity Drainage District 272, ,362 51, ,460 47, , ,779 (93) 161,686 Tangipahoa Parish Government 3,711,181-2,880, ,589 4,546 3,589, , , ,934 2,204,395 1,027 2,205,422 Tangipahoa Parish Library 335, ,392 63,704 1, ,193 58, , , ,603 Tangipahoa Parish Mosquito Abatement District #1 186, ,818 35, ,270 32, , ,845 (95) 110,750 Tangipahoa Parish Sewer District #1 108,357-84,089 20, ,766 18, ,173 64, ,379 Tangipahoa Parish Sheriff 68,314-53,014 12, ,898 11, ,027 40, ,018 Tangipahoa Parish Tourist Commission 109,457-84,943 20, ,876 19, ,405 65,016 (187) 64,829 Tangipahoa Parish Water District 250, ,128 47,493 2, ,157 43, , ,588 2, ,791 Teche-Vermilion Fresh Water District 239, ,619 45, ,151 41, , ,075 (176) 141,899 Tensas Parish Police Jury 294, ,781 55, ,752 51, ,760 53, ,112 (841) 174,271 Terrebonne Indigent Defender Board 169, ,350 32, ,484 29, ,831 31, ,537 (842) 99,695 Union Parish 3rd Judicial Clerks' Fund 40,000-31,041 7,594-38,635 7, ,519 23,759 (261) 23,498 Union Parish Police Jury 919, , , , , , , ,037 (913) 545,124 Vermilion Parish 7th Ward Drainage District #2 51,626-40,064 9,801-49,865 9, ,116 30,665 (37) 30,628 Vermilion Parish Library 187, ,138 35, ,690 32, , ,090 (121) 110,969 Vermilion Parish Police Jury 1,688,111-1,310, ,497-1,630, , , ,521 1,002,717 (4,505) 998,212 Vermilion Parish School Board Vermilion Parish Tourist Commission 14,585-11,319 2, ,253 2, ,552 8, ,753 (Continued) 15

18 SCHEDULE OF PENSION AMOUNTS BY EMPLOYER (PLAN A) AS OF THE YEAR ENDED DECEMBER 31, 2016 Outflows of Resources Inflows of Resources Pension Expense (Benefit) Employer Net Pension Liability Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Outflows of Resources Differences Between Expected and Actual Experience Net Difference Between Projected and Actual Investment Earnings on Pension Plan Investments Changes of Assumptions Changes in Proportion Total Inflows of Resources Proportionate Share of Plan Pension Expense Net Amortization of Amounts from Changes in Proportion Total Employer Pension Expense (Benefit) Vermilion Parish Waterworks District #1 $ 144,572 $ - $ 112,193 $ 27,448 $ 23 $ 139,664 $ 25,299 $ - $ - $ 187 $ 25,486 $ 85,874 $ (71) $ 85,803 Washington Parish Police Jury 1,105, , , ,068, , , ,406 (371) 656,035 Webster Parish Police Jury 1,093, , ,577-1,056, , , , ,432 (1,634) 647,798 West Baton Rouge Natural Gas & Water 556, , , ,810 97, , , ,589 (1,912) 328,677 West Baton Rouge Parish 18th Judicial Court 82,972-64,389 15, ,660 14, ,621 49, ,485 West Baton Rouge Parish Council 2,059,044-1,597, , ,988, , , ,502 1,223,046 (1,610) 1,221,436 West Baton Rouge Parish Library 221, ,546 41, ,734 38, , ,303 (59) 131,244 West Baton Rouge Parish School Board 3,334-2, , ,981 (1) 1,980 West Calcasieu Cameron Hospital 9,501,449-7,373,477 1,803,903 21,474 9,198,854 1,662, ,662,955 5,643,742 11,924 5,655,666 West Carroll Parish Library 29,062-22,553 5, ,205 5, ,086 17, ,308 West Carroll Parish Police Jury 368, ,167 70, ,752 64, , , ,345 West Feliciana Parish Tourist Commission 11,850-9,196 2, ,475 2, ,103 7,039 (7) 7,032 West Ouachita Parish Sewer District #5 140, ,723 26, ,603 24, ,516 83, ,324 Winn Parish District Attorney 80,428-62,415 15,270-77,685 14, ,737 47,773 (327) 47,446 Winn Parish Police Jury 305, ,281 58,050 1, ,566 53, , , ,341 Winn Parish School Board 1,666-1, , Workforce Investment Board 42,381-32,889 8, ,496 7, ,017 8,433 25, ,229 Total $ 205,951,318 $ - $ 159,825,870 $ 39,101,013 $ 310,662 $ 199,237,545 $ 36,039,554 $ - $ - $ 310,662 $ 36,350,216 $ 122,332,516 $ - $ 122,332,516 See accompanying notes. 16